Share tips thread
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You can tell who has qpp in their share trading game!. All us at the bottom.
I don't hold qpp at the moment for real, but may have a punt in the morning for a quick short trade. It's certainly an interesting opportunity, it feels like a manipulation, but someone must have been selling, or did a lot of stop losses trigger.
I don't hold qpp at the moment for real, but may have a punt in the morning for a quick short trade. It's certainly an interesting opportunity, it feels like a manipulation, but someone must have been selling, or did a lot of stop losses trigger.
northandy said:
You can tell who has qpp in their share trading game!. All us at the bottom.
I don't hold qpp at the moment for real, but may have a punt in the morning for a quick short trade. It's certainly an interesting opportunity, it feels like a manipulation, but someone must have been selling, or did a lot of stop losses trigger.
Sadly this isn't a game for me. I've put complaints in to the fca and the stock exchange. Hoping this saga will be resolved swiftly. I don't hold qpp at the moment for real, but may have a punt in the morning for a quick short trade. It's certainly an interesting opportunity, it feels like a manipulation, but someone must have been selling, or did a lot of stop losses trigger.
I just don't understand how a research paper that was spread on twitter with an untraceable author can have affected the sp the way it did today. It doesn't stack up.
CRB14 said:
northandy said:
You can tell who has qpp in their share trading game!. All us at the bottom.
I don't hold qpp at the moment for real, but may have a punt in the morning for a quick short trade. It's certainly an interesting opportunity, it feels like a manipulation, but someone must have been selling, or did a lot of stop losses trigger.
Sadly this isn't a game for me. I've put complaints in to the fca and the stock exchange. Hoping this saga will be resolved swiftly. I don't hold qpp at the moment for real, but may have a punt in the morning for a quick short trade. It's certainly an interesting opportunity, it feels like a manipulation, but someone must have been selling, or did a lot of stop losses trigger.
I just don't understand how a research paper that was spread on twitter with an untraceable author can have affected the sp the way it did today. It doesn't stack up.
Any remaining uncertainty will result in it not returning to previous levels.
As long as they have not been misleading, then they've done nothing wrong.
Edited by Cockey on Tuesday 22 April 22:18
CRB14 said:
Sadly this isn't a game for me. I've put complaints in to the fca and the stock exchange. Hoping this saga will be resolved swiftly.
I just don't understand how a research paper that was spread on twitter with an untraceable author can have affected the sp the way it did today. It doesn't stack up.
It's this kind of thing that gives aim a bad name, like you say how can something so seemingly worthless have such an effect. Have read a bit and the fact it's littered with spelling mistakes makes it even more baffling.I just don't understand how a research paper that was spread on twitter with an untraceable author can have affected the sp the way it did today. It doesn't stack up.
CRB14 said:
Condi said:
Genuine question, but on what basis?
On what basis does it stink or that they have something to gain?Well they openly state on their website that they are not analysts and that upon the release of 'research' that they hold short positions.
They're an LLC hiding behind a proxy address that needs a subpoena to be able to release contact details. This is nothing more than a very well orchestrated attack on a company in order to make significant gains.
I can't prove this but I'm sure this is a group of individuals that carry out the same sort of attacks on companies periodically. They most likely spend weeks or months undertaking the research to discredit companies and directors and on this occasion it has had the desired effect.
I'm not for one minute believing that these clowns - who are not official analysts - have managed to find something in the accounts that KPMG couldn't.
I stand by my claim that this stinks. Sadly I fear there will be little recourse as the damage has been done.
Take it as you will, but offering opinions on the stock is not illegal, immoral or wrong. If anything, if they have any suspicions about the behaviour of the company it is their moral duty to publish or express them. I hold a firm belief that the more opinions in a market the better.
Also the thing you appear to be missing is that Gotham City did not cause the share price to fall, the holders of the shares did. Gotham City offered their view, and it was other people's behavior which caused the price movement. Ergo, for the price to move enough people must have agreed, at least in some way, with the analysis presented, and behaved accordingly.
Have to laugh when you see articles like this:
https://uk.finance.yahoo.com/news/3-shares-buy-now...
Posted literally hours before the QPP tanked 50%. Just shows you how wrong the pundits can get it..
https://uk.finance.yahoo.com/news/3-shares-buy-now...
Posted literally hours before the QPP tanked 50%. Just shows you how wrong the pundits can get it..
Condi said:
On what basis do you think there should be an investigation?
Take it as you will, but offering opinions on the stock is not illegal, immoral or wrong. If anything, if they have any suspicions about the behaviour of the company it is their moral duty to publish or express them. I hold a firm belief that the more opinions in a market the better.
Also the thing you appear to be missing is that Gotham City did not cause the share price to fall, the holders of the shares did. Gotham City offered their view, and it was other people's behavior which caused the price movement. Ergo, for the price to move enough people must have agreed, at least in some way, with the analysis presented, and behaved accordingly.
I've scanned through the 74 page report myself. The comments made are largely against the Director and his past and only poses questions. The claims made are largely without backup and some of the questions are simply ridiculous. Such as them trying to contact QPP for comment in NYC when they know they are a UK listed company. Take it as you will, but offering opinions on the stock is not illegal, immoral or wrong. If anything, if they have any suspicions about the behaviour of the company it is their moral duty to publish or express them. I hold a firm belief that the more opinions in a market the better.
Also the thing you appear to be missing is that Gotham City did not cause the share price to fall, the holders of the shares did. Gotham City offered their view, and it was other people's behavior which caused the price movement. Ergo, for the price to move enough people must have agreed, at least in some way, with the analysis presented, and behaved accordingly.
Irrespective we know for a fact that this stock is being heavily shorted. It is being played. Pure and simple. I am not alone in my thinking and many are urging the FCA to look into this.
Stock does not tank over the course over the matter of a few minutes when a report hasn't even been fully released!!
The report was issued later in the afternoon and was spread on twitter. I maintain my view that this was an orchestrated attack and, most likely, will be used an excuse for the SP drop.
Condi said:
Take it as you will, but offering opinions on the stock is not illegal, immoral or wrong. If anything, if they have any suspicions about the behaviour of the company it is their moral duty to publish or express them. I hold a firm belief that the more opinions in a market the better.
You're right, but what this shower of s
te have done is not simply expressed an opinion - they have (as far as we all currently know) made up a complete load of cobblers for the benefit of their own portfolio and, as has now been made evident this morning, the benefit of the 2 large US financial institutions that pay them to publish 'research' (incidently about shares on which these institutions hold a short position). An opinion would be one thing and they would be firmly entitled to it, but to wipe over £1bn off the value of a company because they are getting paid by someone to do so is fraudulent. Even if 90% of the stuff they have posted is true, the 10% of defamatory and libellous tripe should (IMO, of course) see this bloke locked up.
ETA - I should add that I am invested in QPP so my opinions on it are going to be skewed! BUT, the grounding for my thoughts about yesterday is that there are countless highly qualified organisations (think KPMG, Cannacord et al) involved and invested here, one minnow sat on their little bubble in a country that QPP don't even trade in cannot feasibly know more than one of the 'Big 5' auditors, one of the top analysts in the City and the Due Diligence of the countless businesses signed up to QPP contracts!
Edited by Jonboy_t on Wednesday 23 April 08:57
Do feel for those who were holding large stakes in qpp, think I had around 19k on paper at one point when it hit 45.5, de risked for a small profit around 40p when it dropped a couple weeks back, I'm still down as bought a small stake on the back of the trading statement at 39, not going to back away now but I'm certainly not going all-in at this stage either so added a small stake at 26 earlier today, I think for those with sizeable sums to invest the safe play would be to wait for positive statements due from the company later this week, hopefully this won't put off investors at the us roadshow or delay the ftse listing, I still think there's a decent chance we could see 50p in the first half of this year, we've had short attacks in the past and the sp has recovered and the wider ecomony is improving.
I started to stick my toe in these waters (AIM) in October last year. Since then I have had my fingers burnt a little on a few shares and made some healthy returns on others. I still have holdings in a few AIM shares that I have a little faith in but having followed the market for a good six months now have decided that there are too many unaccountable crooks involved in that market for me to be a part of it.
Sure all shares are a bit of a punt to one degree or another but when you see things like QPP happen you realise that you are at the mercy of too many fraudsters and liars.
Sure all shares are a bit of a punt to one degree or another but when you see things like QPP happen you realise that you are at the mercy of too many fraudsters and liars.
Jonboy_t said:
Condi said:
Take it as you will, but offering opinions on the stock is not illegal, immoral or wrong. If anything, if they have any suspicions about the behaviour of the company it is their moral duty to publish or express them. I hold a firm belief that the more opinions in a market the better.
You're right, but what this shower of ste have done is not simply expressed an opinion - they have (as far as we all currently know) made up a complete load of cobblers for the benefit of their own portfolio and, as has now been made evident this morning, the benefit of the 2 large US financial institutions that pay them to publish 'research' (incidently about shares on which these institutions hold a short position). An opinion would be one thing and they would be firmly entitled to it, but to wipe over £1bn off the value of a company because they are getting paid by someone to do so is fraudulent. Even if 90% of the stuff they have posted is true, the 10% of defamatory and libellous tripe should (IMO, of course) see this bloke locked up.
Anyway, read this (FT, requires free login) and see what the professionals have to say.
http://ftalphaville.ft.com/marketslive/2014-04-23/...
FT said:
Speaking personally, I find a lot of this stuff baffling.
BE
If you think the casino’s crooked, you’re an idiot to keep playing.
BE
And, yes, there’s a lot of ad hominem stuff in Gotham’s report
BE
But the general thrust of the allegations are either hugely libelous (if they’re wrong) or hugely damaging (if they’re right).
BE
Either way, there’s a good chance that someone’s going to jail. The accuser or the accused.
BE
Both sides have skin in the game. Literal skin, if what I’ve heard about prison is true.
BE
In that case, why would you assume automatically the accuser must be lying?
Oh, and FYI, there are no legal qualifications needed to become an analyst per say. If you are advising people then you are regulated and need qualifications, if you are writing something and publishing it to the world then anyone can do that without any training at all. What people chose to do with that is up to them, and it is research not advice you are providing. BE
If you think the casino’s crooked, you’re an idiot to keep playing.
BE
And, yes, there’s a lot of ad hominem stuff in Gotham’s report
BE
But the general thrust of the allegations are either hugely libelous (if they’re wrong) or hugely damaging (if they’re right).
BE
Either way, there’s a good chance that someone’s going to jail. The accuser or the accused.
BE
Both sides have skin in the game. Literal skin, if what I’ve heard about prison is true.
BE
In that case, why would you assume automatically the accuser must be lying?
Edited by Condi on Wednesday 23 April 18:03
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